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TForce Freight, a subsidiary of TFI International, is an American less than truckload (LTL) freight carrier based in Richmond, Virginia. [1] The company was founded in 1935 as Overnite Transportation, [2] the name it used until 2006 when it was rebranded UPS Freight by new owner UPS. Its name changed to TForce Freight in 2021 when UPS sold the ...
United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
[5] [6] Its trucking fleet consists of over 14,000 company-owned power units, nearly 10,000 owner-operator tractors, nearly 50,000 trailers and over 200 straight trucks. [ 7 ] Since the mid 1990s, the company's main source of growth has been complete takeovers of smaller logistics companies (over 190 between 1996 and 2021) many of which ...
The SEC order said that in 2019 UPS determined that its freight division was likely to sell for no more than about $650 million. UPS’s own analysis indicated that nearly $500 million of goodwill ...
As of May 2015, over 90.0% of companies in the United States long-distance freight trucking industry are owner-operators. [citation needed] [38] Therefore, even the top corporate operators only hold a small share of the total market.
The lot is leased on an annual basis by UPS from the Indiana Toll Road Concession Company, the owners of the Indiana Toll Road. It shares the West Point name with the westernmost ITR toll plaza, also known as "West Point", 5.9 miles (9.5 km) north, but the Hammond CACH facility is sometimes erroneously marked as "Hopkins, Indiana".